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Subprime crisis and credit crunch

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Magdalena Bieszczad

on 16 October 2014

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Transcript of Subprime crisis and credit crunch

How does a credit crunch occur?
What are prime and subprime mortrages?
$1.25
Monday, February 17, 2014
Vol XCIII, No. 311
How the credit crunch changed our lives
Subprime crisis and credit crunch
Agenda

1. What are subprime mortgages?
2.How did the housing bubble develop?
3.Subprime mortgages crisis
4.Responses to the Crisis
5.What is a credit crunch?
6.How does a credit crunch occur?
7.How the credit crunch changed our lives?
8.Summing-up

Subprime Crisis

Summing-up
What is a credit crunch?
How did the housing bubble develop?
Subprime mortgages crisis
Responses to the crisis 
Financial Institutions – Write-Downs
1.The £10 Friday feast
2.Bricks and marriage
3.Sobriety
4.Clean air
5.Bad teeth
6.A commercial break
7.A dog's life
8.Wardrobes
9.Staycation
Full transcript